Education Management (EDMC) Tops Q2 EPS by 6c; New Enrollment Down 21.9%; Guides
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Education Management Corp (NASDAQ: EDMC) reported Q2 EPS of $0.25, $0.06 better than the analyst estimate of $0.19. Revenue for the quarter came in at $654.9 million versus the consensus estimate of $651.24 million.
New enrollment down 21.9 percent to 24,000. Average enrollment down 12.7 percent to 131,500. Starting student enrollment down 11.1 percent to 126,800.
Sees Q3 2013 EPS of $0.20-$0.22, versus the consensus of $0.19.
Also sees FY2013 EPS of $0.38-$0.44, versus the consensus of $0.41.
For earnings history and earnings-related data on Education Management Corp (EDMC) click here.
New enrollment down 21.9 percent to 24,000. Average enrollment down 12.7 percent to 131,500. Starting student enrollment down 11.1 percent to 126,800.
Sees Q3 2013 EPS of $0.20-$0.22, versus the consensus of $0.19.
Also sees FY2013 EPS of $0.38-$0.44, versus the consensus of $0.41.
For earnings history and earnings-related data on Education Management Corp (EDMC) click here.
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